#AltcoinSeasonComing
Altcoin season hasn't arrived yet, according to the Altcoin Season Index, which currently stands at 16% 📊. This means only 16% of the top 100 altcoins have outperformed Bitcoin over the last 90 days ⏰. Bitcoin's market dominance is around 57.9% 💰, indicating investors still favor Bitcoin over altcoins 🤑.
However, some analysts believe altcoin season could be near ⏱️, citing signs such as:
- *Bitcoin Dominance Decline* 📉: A recent drop in Bitcoin's dominance rate could signal a shift in investor interest towards altcoins 🔄.
- *Altcoin Strength* 💪: Some altcoins, like XRP, have shown strength relative to Bitcoin, with XRP surging 19.23% in the last 30 days 🚀.
- *Technical Indicators* 📈: Bullish divergences in the Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) suggest potential for altcoin growth 📊.
Experts predict the next altcoin season might occur in late 2025 🕰️, driven by factors such as:
- *Clearer Regulations* 📜: Approvals of Ethereum ETFs and clearer regulations could boost confidence in altcoins 💼.
- *Technological Upgrades* 🤖: Improvements in blockchain speed and AI integration could attract more investors 🚀.
- *Market Stability* 🌟: A stable market environment and reduced economic uncertainty could also contribute to an altcoin season 🌈.
Keep an eye on market trends and news for potential shifts in investor sentiment